Breadth Continues to Weaken and Both Trenders Are Now Bearish

Zweig holding the lows:

 

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The CVI is making a new low:

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The 40 DPI continues to unravel:

 

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NH/NLs made a turn back down:

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Trenders:

For the first time in a long, long time, both trenders are now reading bearish.  We can't shake the feeling that we'll have at least one more shakeup to the upside.

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